EXCLUSIVE-China to push its tech giants to share consumer credit data-sources
* Aim is to prevent excess borrowing and fraud -sources * Adds to recent proposals to sharpen scrutiny of tech champions (Adds quotes, details on credit agencies) HONG KONG, Jan 11 (Reuters) - China plans to push tech giants including Ant Group, Tencent and JD.com to share consumer loan data to prevent excess borrowing and fraud, two people with knowledge of the matter said, in Beijing’s latest tightening of scrutiny. The plan, if implemented, would effectively end the government’s laissez-faire approach to the industry and is another sign of attempts to rein in the country’s technology...
Source: reuters.com